Accounts Receivable Reconciliation

Matching and Reconciliation Automation

High-volume processes get out of control, leaving unmatched transactions - accounts receivable, accounts payable, billings, deductions, debit memos, credit memos and payments. If left unresolved, you are guaranteed a significant loss and write-offs. We automate all types of account reconciliation or matching processes with the Carixa Matching Engine on any scale, from hundreds to millions of transactions. Our technology embodies what is called "intelligent automation" and using powerful matching algorithms can reconcile tens of thousands of transactions in a matter of minutes, down to finite detail.

Advanced Multi-Level Matching

Using configurable rules with advanced multi-level field matching, string searches, and tolerances, we reconcile the accounts, then present the offsets for your review. In addition, we can employ system robotics in account reconciliation to autonomously capture relevant data or documents from disparate systems and sources as required.

Accounts Receivable Reconciliation Benefits

  • Collect 100% of your revenues instead of writing off unreconciled receivables
  • Solve massive reconciliations and write-offs
  • Properly match credits and debits
  • Avoid escheatment liability
  • Assure clean receivables and billing accounts
  • Prepare for audit

Product Details

Cleanup, Reconciliation and Deduction Revenue Recovery
Solve the largest reconciliation challenges with our transaction matching software, whether the problem is the account of a key business partner or the rebuilding of multiple years of transactions.

Returns, Deductions, Accounts Receivable, Accounts Payable
Multi-variable matching to granular levels, including SKU, NDC, Serial Number. No matter how difficult, Carixa can accomplish the most serious matching problems on a standalone basis or integrated as part of the regular process.

High volume operational transaction matching and processing
Match in complex, high-volume transaction environments. An example would be where advance billings are adjusted by the payer based on actual results, requiring the payments to be reconciled and adjustments made.

Forensic Matching and Rebuilding
When things go wrong, they sometimes go really wrong, requiring a review, rebuilding, validation and reconciliation of thousands or even millions of transactions. Carixa automated account reconciliation can handle any scale and produce matches, with discrepancy analysis with resolution workflow.

Powerful matching algorithms plus AI
Using powerful and flexible matching algorithms, we solve the straightforward to the most complex matching challenges on a granular level. Carixa can handle any scale.

Related Content: Carixa Automated Cash Application Video

Contact us to learn more about how this Carixa module can function independently or as part of a total Accounts Receivable software system.

Search
Generic filters
Smyyth Carixa